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The Blockchain Revolution
Blockchain revolution. Disclaimer : this page is not intended for any specific nationality or jurisdiction. It is also not intended to solicit clients from any specific jurisdiction including the Republic of Mauritius inter alia.
Curated by Investors Europe Stock Brokers
"Software developers have come up with various methods to protect client privacy for blockchain-based transactions."
The head of Shanghai’s Financial Service Office has called for the legal regulation of blockchain technology the city looks to take the lead in the financial technology sector in China.
"The financial regulator’s primary mandate includes the development of Shanghai as an international financial center."
People’s Bank of China (PBoC) has launched a digital currency research institute on Jan. 29, one day after the celebration of the Chinese Lunar New Year.
"Wei sees many risks involved in implementing Blockchain as core infrastructure of financial operations primarily because he believes Blockchain technology isn’t mature as of yet."
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But the next 2.5bn people to adopt smartphones may turn out to be a different story. They will mostly live outside the developed and wealthy parts of the world and they will look to their smartphones to deliver essential services that they have not been receiving at all – from the web or from the offline world. I am thinking about financial services, healthcare services, educational services, transportation services, and the like. Stuff that matters a bit more than seeing where you friends had a fun time last night or what it looks like when you faceswap with your sister.
So I am excited to watch this second mobile revolution unfold. It may be an opportunity for US-based VCs like me. But more likely it will be an opportunity for VCs and early stage investors who have had the courage and foresight to set up shop in these emerging locations. The investors who had the courage and foresight to set up shop in China in the late 90s and early 00s have been rewarded fabulously for that. If you ask me where the next big whitespace for VC is, I would point to the developing world. It doesn’t come without its risks and roadblocks, but it feels to me that it has enormous potential.